https://www.taxtmi.com/acts?id=53303 Computation of the Average Maturity Period for an ECB uses a day-weighted formula: for each interval multiply the outstanding balance by the number of days it remains outstanding, divide by (loan amount x 360), and sum those period products to obtain the average maturity. The example applies the DAYS360 convention and tabulates drawals, repayments, balances, days, and period products to produce the single averaged maturity figure. en-us Tue, 17 Feb 2026 15:08:36 +0530 Tue, 17 Feb 2026 15:08:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53303 Computation of the Average Maturity Period for an ECB uses a day-weighted formula: for each interval multiply the outstanding balance by the number of days it remains outstanding, divide by (loan amount x 360), and sum those period products to obtain the average maturity. The example applies the DAYS360 convention and tabulates drawals, repayments, balances, days, and period products to produce the single averaged maturity figure. Act-Rules FEMA Tue, 17 Feb 2026 15:08:36 +0530 https://www.taxtmi.com/acts?id=53303